All
Authorised Dealers
In Foreign Exchange
Dear Sirs,
RATE
OF REMUNERATION ON CASH RESERVE REQUIREMENT FOR DEPOSITS
RAISED UNDER FE-CIRCULAR 25 OF 1998.
Please
refer to Para 03 of BSD Circular No. 18 dated 31st March
2001 on the captioned subject.
It is notified that the rate of remuneration for the month
of November 2003 on Special Cash Reserve Account (US$) maintained
with the State Bank of Pakistan would be 0.62 %.